Life Changing Finance #83 – There Are Only 2 Ways To Become Rich Regardless What Anyone Tells You

Security of Payment Schemes Are Helpful

If you’re working in the building and construction industry you’ve probably already come across payment disputes in some form or another. This cannot be prevented as the niche is such and there are always last minute additions and changes needed which also result in a rise in the incurred price. Therefore payment disputes are always present and the courts used to be filled with such cases.

Understanding Security of Payment Schemes

No matter what we work as and where we work there are times wherein we come across problems related to payment issues. It could be boss – employee payment problems or even worse payment problems between companies working together on a single project. For boss – employee payment issues there are already plenty of schemes in place.

Why Consider Self-Managed Super Funds?

In every country all over the world, retirement schemes provide strong pillars for both security and stability needed by every individual in their old age. In Australia, the retirement programme is known as Superannuation and was made popular by the “superannuation guarantee” which was introduced by Keating Labor at the time of his reign of the Australian government.

Working in the Construction Industry? Try Security of Payment

No matter where you work and what you work as, there are going to be some sought of payment disputes that you come across. However, the construction industry sees the worst disputes and the amounts can run into thousands and at times even millions of dollars. The main reason as to why this happens in the construction industry is because there are plenty of different companies working together to help achieve the final goal.

Your Financial Education

Financial education is, undoubtedly the most crucial element of education every person needs in this world to enjoy life. I am terrified of people who have the ‘its fine to have just enough’ mentality because we all know that having just enough means being able to pay your bills then hoping someone helps you get by along the month.

Financial Diversity

This article deals with the concept of diversifying your investment portfolio. My hope is that it will help to strengthen your current financial position.

Watch Out For Qualified Plan Penalties If You’re Laid Off Or Retiring After 55

Recessionary times can prompt an early retirement. What about your retirement funds in your qualified plans if you need access to them before turning age 591/2? Will you be penalized for taking them?

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